The information resource for Luxury Oceanfront Condominiums in Miami, Sunny Isles, Bal Harbour, Fort Lauderdale, Boca Raton and Palm Beach. (954) 632 3266

We were invited to a private diner at Trump Hollywood and I have to say we are quite excited about this project. Trump Hollywood is set in a great location with easy accessibility to Miami and Fort Lauderdale and minutes from Ft. Lauderdale International airport. This desirable location and the ultra luxury quality residences, Trump and the Related Group are known for makes Trump Hollywood a most desirable South Florida project.

The floorplans of the residences are large with great spacial flows. The finishings and detailing are the finest with Miele kitchens and limestone or marble baths. The Miele personnel will come to your residence after closing to teach you how to use all of their state of the art appliances.

Although, as we have written before, the high end luxury market is still healthy and active, there are incentives available. You can buy in today in the price range of $625 sq. ft. to $779 sq.ft. for a high floor Sky Residence. The incredible opportunity is one of the two story 8,926 sq.ft. penthouses being offered at over $7 million. That truly will be a unique opportunity to own a spectacular home in the sky.

Trump Hollywood Description

The newest luxury oceanfront condominium on Hollywood Beach is the 41 story contemporary glass tower currently under construction. The Trump Hollywood will feature 200 expansive residences, all with private elevator access. Trump Hollywood will front 240 feet of pristine sandy beaches on the Atlantic Ocean, and affords each residence spectacular and unobstructed ocean, intracoastal and city views.

Location

Ideally located in the heart of Hollywood Beach, the property is minutes away from all that Miami and Ft. Lauderdale have to offer, with some of the area’s premier destinations within minutes. From world class dining and shopping at Bal Harbour Shops and Las Olas Boulevard, to museums, theaters, Fort Lauderdale/Hollywood International Airport, and Port Everglades, the idyllic beachfront site also offers proximity to exciting city life. The vibrant Hollywood Boardwalk, Diplomat Landing and the Westin Diplomat Resort & Spa are within walking distance.

Design Overview

Designed by the award wining and internationally recognized design firm of Yabu Pushelberg and Robert Swedroe, the celebrated architect renowned for his ground breaking projects. The striking 41 story tower with floor to ceiling glass allows spectacular views from every room of the flow through floor plans and features. With only 200 residences, each with its own private elevators, Trump Hollywood will deliver on its promise of privacy and exclusivity for the privileged few who would call it home. Public space amenities are featured on the third floor atop a two-level parking garage and include an elegant two story lobby opening to an ocean front pool deck, spa and cabanas. Residences start on the fifth level featuring fine views from even the lowest floor units. Two “wrap around” two-level penthouses crown the 41st floor.

Residence Type & Dimensions

Trump Hollywood will feature 2,3, and 5 bedroom residences, ranging in size from 2,088 to over 5,000 square feet of air conditioning living space. Expansive terraces range fro almost 400 to over 900 square feet. Two exclusive two-level penthouse residences will offer almost 9,000 square feet at the 41st floor of the tower.

Featured Amenities:

• Exquisitely appointed two-story entrance lobby designed by the award winning firm of Yabu Pushelberg
• Lushly landscaped entry plaza with elegant porte cochere entrance and stunning water display
• Common area amenities include a clubroom with multimedia facilities, billiards and game room
• 3,000 sq.ft. state of the art fitness center with men and women’s steam and sauna facilities
• Home theater
• Wine Cellar and tasting salon
• Elevated pool deck overlooking the Atlantic Ocean featuring a heated pool, two spas, and a reflecting pool
• Beach Club with pool attendant and beach towel service
• Two levels of beachfront private cabanas
• Private poolside cabanas
• Secure air-conditioned storage spaces
• Four Lighted tennis courts
• Exclusive concierge staff and services
• 24-hour complementary valet parking
• 24-hour attended security services
• Key operated high-speed elevators to individual private elevator foyers
• The latest in “Smart Building” technology, featuring wireless touch screen control pad, linking residents to building amenities
• Within walking distance to Diplomat Landing, Hollywood Boardwalk and the Westin Diplomat Resort and Spa.

Unit Pricing

Pre-construction prices range from $1,600,00’s to over $4.5 million.(Penthouses are priced over $7 million).

Timetable

Currently under construction, completion is expected early 2009.

Overview of Residences Floor Plans

• 4th floor-Lanai Residences with 3,953 sq.ft. of interior space including a lower level with direct access to 3rd floor pool and amenities.
• 5th to 33rd floor-Six residences per floor ranging from 2,088 to 3,395 sq.ft. of interior space.
• 34th to 40th floor-Four residences per floor ranging from 3,395 sq.ft. to the Sky Residences with 5,086 sq.ft. of interior space.
• Penthouse floor-Two, two-story Penthouses with 8,926 sq.ft. of interior space.

After several delays, newly constructed One Harbour is scheduled to begin closing units this Friday and it is anticipated that closings for all units will be completed by months end.  This 26 story luxury building in the most desirable location hosts a total of 185 units.  There are currently 85 units for sale.   That is 46% of the building on the market.  Investors are scurrying to get out.  This is a phenomenal building with spectacular views and first class amenities.   Units range from 2 bedrooms units to expansive penthouses.   Prices range from $700 to over $1500 a squre foot.  With so many units on the market, there are buying opportunities to be had in this building.   It is anticipated that in time, One Bal Harbour will become one of the most sought after Bal Harbour residences.

 

The Continuum South of 5th Street in South Beach is one of the most desirable luxury oceanfront buildings in Miami.  Understandably.  Situated at the southern most tip of Miami Beach, the gated entry is set back and away from the highly trafficked South Beach area.  The building built in 2002, has first class amenities with a complete gym, concierge service, valet parking and magnificent pool… and the entire complex is directly on the beach.  Not the Bay, not across the street, not around the corner…but directly on the sand.  It is a very unique property. 

Of the 42 floors and approximately 350 units in The South Tower, there are today 51 units on the market.  What a fantastic buying opportunity.  With new construction of luxury oceanfront condominiums easily running around $2000 square foot,  you can buy into this A rated building for $1100 a square foot or lower.

With 19 closed sales this year alone, the great value and desirability of the Continuum South Tower is not going unnoticed.  There have been sales under $1000 per square foot.

There is a spectacular 2 bedroom unit on a high floor with over 2290 square feet finished beautifully with the best views in the building.  It’s been on-the market for a while originally priced at $3,195,000.  It is  now being offered at $2,850,000, $1292 square foot.  This premium building in the most desirable location offers great opportunities for buyers.

The Ritz-Carlton Club is an oceanfront property located between 29th and 30th streets on Miami Beach. It will consist of three buildings, the historically renovated Seville Beach Hotel, an all new 17 story north tower and an all-new 21 story south tower. There are 86 private residences priced from $1million to $17 million. Fully Deeded Fractional Ownership opportunities are available as well. Fractional ownership opportunities are priced from $100,000 to $550,000. This luxury project has been available for purchase since 2006. Of the 86 units available, approximately 70 have been sold.

The Ritz-Carlton Club and Residences, South Beach is the first purely residential Ritz-Carlton development in Miami, and is recognizing one of Miami Beach’s most important contributions to the world of design and architecture by incorporating the restoration of the historic Seville Beach Hotel into the new development. Dating back to 1955, the historic landmark was originally designed by iconic MiMi (Miami Modern) designer Melvin Grossman.

With uninterrupted ocean views and in true South Beach style, the double height, large oval shaped lobby set the stage for the perfect entrance to the building. The large open area will have strategically placed 20 foot high round columns covered in the original 14-karat gold mosaic tiles. The elegant columns will be surrounded at the base by wood banquets upholstered in plush red Bergamo fabrics.

An extension of the curvilinear lobby, the legendary Matador Supper Club, becomes a private lounge exclusive to residents. The Lounge formerly visited by the likes of Dean Martin and Frank Sinatra will be designed in a retro modern fashion.

The luxurious interior spaces will be matched by an equally stunning pool area. Outdoors, residents will be welcomed by the Seville Hotel’s original over-sized pink-toned diving board. The four outdoor pools are lined by 16 cabanas which were part of Grossman’s original design for the Seville Hotel.

The first floor of residences in the South Tower is actually located on the 5th floor, as is the case with all of the towers. The 1st ten floors have 2 residences per floor, S1 and S2. The next 4 floors are single story penthouses. The top floors and roof top is a duplex penthouse. The South Tower is 21 stories in total, with only 25 residences. This property is very, very exclusive…. it will be one of the sexiest buildings in SoBe…cylindrical glass and steel… possibly closer to the water than any other development on the beach.

The S1 unit has direct southeast ocean views. Here is the floor plan of the S1 unit in the South Tower.

All Residences will have the following features:

Kitchen

• Italian cabinetry from Idea Group
• Sub-Zero refrigerator
• Miele kitchen appliances
• Miele coffee system
• Wine cooler

Bathrooms

• Fixures from Johler, Dornbracht and Duravit
• Bidets and toilets by Philippe Stark

Smart Living

• Touch-panel control of recessed lights and kitchen sound system
• Access to Ritz-Carlton services
• Wireless, high-speed internet access
• Multimedia network access to latest technologies
• Cable and satellite television

This is a truly unique ultra luxury residence offering the finest world class service in the most sought after oceanfront location.  Occupancy is expected in 2009.

Welcome  to South Florida!   Singer Julian Lennon, son of Beatles guitarist John Lennon, is moving to Miami Beach.  Word has it that he will be splitting his time between Miami and England.  The 44 year old troubadour whose mom is John’s first wife Cynthia, got himself an 1,800 square foot, two bedroom condo at the new Ritz-Carlton Club, which should be finished in late 2009.  His purchase price wasn’t available, but prices in the 17 story building go from $900,000 to $17.5 million. Lennon is know for songs like Too Late For Goodbyes.

Miami’s edgy style, rich culture and unbelievable weather continues to  appeal to international celebrities.  

 

As reported in a New York Times article on October 27,2007,  As Housing in Florida Plummets, the Top Tier of the Market Just Dips, The upper tier of the real estate market in Florida remains relatively immune to the spreading disaster. 

“Houses and Condominiums with price tags of $1 million or more are still changing hands robustly in some of the most exclusive areas, though at a pace less brisk than a year ago.”

The South Florida high end market has several explanation for its buoyancy.  It is partially being fueled by foreign buyers attracted to the United States because of the weak dollar.   Furthermore, second home buyers still find South Florida one of the most desirable places to come and with the high number of affluent baby boomers approaching retirement, South Florida is still a top choice.

Although specific areas and specific oceanfront condos have stronger demand than others, there continues to be an interest and demand for both high end new developments and resales.